Australia Q4 Import Price Index and Export Price Index
Import prices +0.5% q/q
- expected 0.3% q/q, prior 1.9%
For exports +4.4%
- expected 2.7% q/q, prior 3.7%
Solid beat for export prices should translate as a positive for AUD. Poor old thing needs all the help it can get. Terms of trade looking better!